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Benzinga

Business

Chris Katje

Why Tilly's Shares Are Plunging To New 52-Week Lows

Tilly NYSE TLYS

Retailer Tilly’s Inc (NYSE:TLYS) reported fourth quarter and full fiscal year 2021 financial results after market close Thursday. The stock fell after the company reported worse-than-expected EPS results and issued Q1 EPS and sales guidance below analyst estimates. Here’s the key details.

What Happened: Tilly’s reported fourth quarter revenue of $204.5 million, beating a street estimate of $203.95 million according to Benzinga Pro. Fourth quarter revenue was up 14.9% year-over-year.

The company reported earnings per share of 38 cents in the fourth quarter, missing a street estimate of 41 cents per share.

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